SOUTH KOREA CURRENT ACCOUNT BALANCE IN US DOLLARS


THE CURRENT ACCOUNT BALANCE IN US DOLLARS IN SOUTH KOREA WAS REPORTED AT 42.67 BILLIONS U.S. DOLLARS IN 2009, ACCORDING TO THE INTERNATIONAL MONETARY FUND (IMF). IN 2015, SOUTH KOREA'S CURRENT ACCOUNT BALANCE IN US DOLLARS IS EXPECTED TO BE 26.56 BILLIONS U.S. DOLLARS. CURRENT ACCOUNT IS ALL TRANSACTIONS OTHER THAN THOSE IN FINANCIAL AND CAPITAL ITEMS. THE MAJOR CLASSIFICATIONS ARE GOODS AND SERVICES; INCOME AND CURRENT TRANSFERS. THE FOCUS OF THE BOP IS ON TRANSACTIONS (BETWEEN AN ECONOMY AND THE REST OF THE WORLD) IN GOODS; SERVICES; AND INCOME. IN 2009, SOUTH KOREA'S ECONOMY SHARE OF WORLD TOTAL GDP, ADJUSTED BY PURCHASING POWER PARITY, WAS 1.94 PERCENT. IN 2015, SOUTH KOREA'S SHARE OF WORLD TOTAL GDP IS FORECASTED TO BE 1.98 PERCENT. THIS PAGE INCLUDES A CHART, HISTORICAL DATA AND FORECAST FOR SOUTH KOREA'S CURRENT ACCOUNT BALANCE IN US DOLLARS.



 south korea current account balance in us dollars imf data




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IMF Data Specifications


CountrySouth Korea
Subject DescriptorCurrent account balance
Subject NotesCurrent account is all transactions other than those in financial and capital items. The major classifications are goods and services; income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods; services; and income.
UnitsU.S. dollars
ScaleBillions
Country/Series-specific NotesDefinition: Balance on goods and services; income and current transfers Source: Central Bank Latest actual data: 2009 Primary domestic currency: Korean won Data last updated: 04/2010
Estimates Start After2009
TitleSouth Korea Current account balance in US dollars
KeywordsSouth Korea Current account balance in US dollars, South Korea Current account balance in US dollars data,South Korea Current account balance in US dollars chart,South Korea Current account balance in US dollars historical data,South Korea Current account balance in US dollars graph,South Korea Current account balance in US dollars forecast.